Lightning Round: Genworth Financial, Exxon Mobil, Amazon.com and More
Boise : Take profits on BZ now that it’s at its 52-week high. Go with International Paper instead, Cramer said.
Exxon Mobil : Buy Occidental Petroleum if you think, as Cramer does, that oil prices are headed to $100 a barrel.
Genworth Financial : Genworth, now at $17, had fallen a 52-week low of $2.07. So it’s time to take profits, Cramer said.
Monsanto : Sell MON, Cramer said. Go with DuPont if you want agriculture exposure. Despite reporting an “unbelievable quarter,” the stock took a hit today because of the Greece-Portugal debt downgrades and the Goldman Sachs hearings. Investors should take advantage of that dip.
B&G Foods : Cramer said he wanted to do more research on BGS before making a call.
SolarWinds :Salesforce.com is the better play in the software space, Cramer said. He recommended waiting for CRM to pull back before buying, though.
Amazon.com : Even though the stock pulled back on its most recent quarter, Cramer still likes Amazon. He said to buy a quarter of a position at $142 a share – the level it fell to after the quarter – and then use any volatility over the next few days to pick up the rest.
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